Ashland Place Finance (Ashland Place) has completed its third and fourth aircraft financing facilities with affiliates of Fortress Investment Group and GOAL Aircraft Leasing. The deals involve the sale and leaseback of two new Embraer E195-E2 jets, delivered directly from Embraer and leased to Canada’s Porter Airlines. These latest transactions follow two similar financings announced in July, bringing the total to four joint deals between the partners this year.
Jennifer Villa, Executive Director and Group Head at Ashland Place, said the continued collaboration reflected a strong and growing relationship. “Building on the success of our previous transactions earlier this year, this announcement highlights our shared commitment to supporting high-quality operators and aviation platforms,” she stated.
Fortress Managing Director Matthew Mortara praised the partnership, noting its role in Porter Airlines’ fleet expansion. “We’re pleased to have collaborated with Ashland Place, GOAL, and Porter Airlines to help the airline expand its fleet and serve more travellers across Canada and the USA,” he said. “The latest transactions further deepen our collaboration.”
Henrik Jagau, Head of Transaction Management and Strategic Financing at GOAL, added that the partnership underscores Ashland Place’s strength in aviation lending. “Our enduring partnership demonstrates the value of our cooperative, relationship-based approach and Ashland Place’s ability to deliver creative, efficient financing solutions,” he commented.
Legal support for the transactions was provided by Vinson & Elkins on behalf of Ashland Place, while Vedder Price represented GOAL.
Ashland Place Finance has completed its third and fourth aircraft financing facilities with affiliates of Fortress Investment Group and GOAL Aircraft Leasing
